https://www.newsbharati.com/Encyc/2022/11/20/Security-Scan-18.html
#SecurityScan 18: 'No Money for Terror', India's G20 Presidency and Cinema's soft power
At the global security conference, ‘No Money for Terror’, PM Modi said that “must be a cost imposed on countries that support terrorism”.
NewsBharati 20-Nov-2022 07:15:16 AM
BRIG Hemant Mahajan
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This article is a summary of important events that have taken place in last one week affecting, India's national security.
News In Brief
- Instances of drones bringing drugs, arms and ammunition along the Punjab and Jammu borders from across Pakistan has more than doubled in 2022 and the BSF is looking for a foolproof solution, the force's Director General Pankaj Kumar Singh has said. While the BSF detected about 79 drone flights along the India-Pakistan international border in 2020, it increased to 109 last year and "more than doubled at 266 this year".
- Amid reports of Chinese buildup across the LAC, the Indian Army has built infrastructure for housing 450 tanks and over 22,000 troops in the Eastern Ladakh sector opposite China.Presently nine tunnels which include a "2.535 Km long Sela tunnel, which will be the highest bi-lane tunnel in the world are under construction. 11 more tunnels are also under planning."This will improve Indian Armies capability tremendously.
- Indian Army primed for indigenous modernisation: Vice Chief of Army Staff "Indian Army has recognised the importance of private sector in defence manufacturing. We want participation of the private sector," Lt Gen Raju said.
- Resources around the world are limited, the defence minister has said, and emphasised on exercising "financial prudence" in using them. Resources should be used at the right places and there should be no wastage, he added. "A penny saved is a penny earned, and this applies fully to resources too.
- Illegal migration, cross-border activities major challenges along Indo-Bangla border: MHA.The government has decided to undertake the work of installation of floodlights in West Bengal, Meghalaya, Assam, Mizoram and Tripura along the India-Bangladesh border. Out of 3,077.549 km of border floodlight sanctioned, 2,681.99 km of work has been completed. The rest is to be completed by March 2023.
- India bats for free Indo-Pacific at EAS amid China's South China Sea claims.India's position was highlighted by Vice President Jagdeep Dhankhar who led India at the EAS Summit in Cambodia. China's territorial claims in the South China Sea region by creating islands and fortifying them has led to fears that such a move would impact freedom of navigation in one the world's busiest trade routes.
INTERNAL SECURITY
SFJ Pannun announces next round of Khalistan referendum in Australian’s Canberra
A rocket-propelled grenade attack on Punjab Police in Mohali, installing Khalistan flags at the entrance of Himachal Pradesh assembly, threats to multiple Chief Ministers and other who's who via telephonic audio messages in recent months, all have been linked to the proscribed terrorist organisation, Sikhs For Justice (SFJ) founded by Gurpatwant Singh Pannun, operating out now of Canada.
On Tuesday, Pannun announced that the next round of Khalistan referendum will be held in the Australian capital of Canberra to express support for a separate Sikh-state.
Despite the SFJ being a banned organisation in India since 2019 and Pannu being declared a terrorist, countries like Canada, the UK and the US, with a sizable Sikh diaspora, have allowed the organisation to conduct anti-India activities.
In the Canadian city of Mississauga, the Sikh diaspora was made to vote over Khalistan referendum, a major irritant in India-Canada ties, the second in the country.
Last month, Interpol had rejected a request by India to issue a Red Notice against Pannun, saying Indian authorities have not provided sufficient information on him.
"Since these handful Khalistanis (radicals) have no base in India, they are doing referendum and propagating the Khalistan agenda just to establish their base overseas in western countries by raising funds from Pakistan intelligence agency ISI and similar agencies in China.
The western countries don't see any crime to prosecute Pannun and other hardliners as they think it will be a violation of the freedom of expression.
ECONOMIC SECURITY
US Treasury removes India from its Currency Monitoring List
The US Department of Treasury withdrew India from its list of significant trading partners on its Currency Monitoring List after two years. The macroeconomic policies and monetary practices of the nations on the list is kept under watch.
A nation is regarded as a "currency manipulator" if it appears on the US Currency Monitoring List. The US government designates nations that use "unfair currency practices" to their advantage in international trade as currency manipulators.
The US Department of Treasury listed the seven economies that are now under observation as China, Japan, Korea, Germany, Malaysia, Singapore, and Taiwan in its biannual report to Congress.
This (the removal from US’ Currency Monitoring List) means that the Reserve Bank of India (RBI) can now take robust measures to manage the exchange rates effectively, without being tagged as a currency manipulator. This is a big win from a markets standpoint and also signifies the growing role of India in global growth."
The RBI recently made decisions like buying dollars during times of surplus inflows and selling dollars during times of outflows to control currency rates amid the rupee's decline. Dollars rise can now be managed much better, which will help the country economically.
https://www.newsbharati.com/Encyc/2022/11/20/Security-Scan-18.html
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